West Fraser Timber Co. Ltd. (TSE:WFG) has released an update.
West Fraser Timber Co. Ltd. reports a stable financial position with total assets slightly decreased to $9,381 million in Q1 2024 from $9,415 million at the end of 2023. The company saw a reduction in costs and expenses leading to operating earnings of $48 million for the first quarter of 2024, a significant improvement from a loss in the previous year. Shareholders’ equity showed a marginal increase, indicating a resilient balance sheet amidst market conditions.
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